Description

Strong Cash Flow! 8.25% CAP, Over $10,670 Monthly Rental Income! A fully stabilized asset rare 5-unit investment property in Oakland’s Highland Terrace, offering both strong cash flow and future upside. This charming 5-unit building features a blend of updated interiors and exterior details, with several units recently renovated to maximize tenant appeal and rental value. The current tenants are clean, reliable, and financially stable—making management easier and more worry-free for the new owner. In addition, the property includes a basement with an approved permit before to be converted into a legal 3-bedroom/1-bath unit, which could generate at least an additional $2,800+ in monthly rental income. Just minutes from Fruitvale BART, Highland Hospital, and Lake Merritt, with strong rental demand in the area, this property combines urban convenience with neighborhood charm—ideal for seasoned investors seeking steady cash flow as well as owner-occupants looking for flexible income potential.

Property details

Year built

1905

Property type

Residential Income

Lot size

3,500 sqft

Location

2138 19Th Ave • Oakland, CA 94606

More homes for sale and rent in Oakland, CA →

Listed by

Jun Li · Alliance Bay Realty

Similar Listings

Recent sales near 2138 19Th Ave

1829 E 22nd St: Sold $640,000 · May 2026 · 0.0 mi
Bay Home Investments&Loans | DRE #01898004
Buyer's agent: Belinda Buchanan, EXP Realty of California, Inc | DRE #01445484
1944 E 20Th St: Sold $980,000 · 8 bd · 4 ba · 2,612 sqft · Jun 2026 · 0.1 mi
Kai Real Estate | DRE #01762935
Buyer's agent: Thajii Hill, LPT Realty | DRE #02156298
1946 E 20Th St: Sold $980,000 · Jun 2026 · 0.1 mi
Kai Real Estate | DRE #01762935
Buyer's agent: OUT OF AREA OUT, OUT OF AREA - NON MEMBER | DRE #88888888
2522 19Th Ave: Sold $925,000 · 6 bd · 4 ba · 3,984 sqft · May 2026 · 0.2 mi
Keller Williams Tri-Valley | DRE #01955659
Buyer's agent: Joanne Brenner, eXp Realty of California | DRE #00930112
1357 E 25th ST: Sold $1,050,000 · 4 bd · 2 ba · 1,820 sqft · Jun 2026 · 0.3 mi
COMPASS | DRE #01936210
Buyer's agent: Fletcher Berke, Cush Real Estate | DRE #02046857
2141 14th Ave: Sold $520,000 · Jul 2026 · 0.3 mi
Compass | DRE #00903396
Buyer's agent: Dwayne Barton, Bay Area Fine Living | DRE #02154904
2217 E 24Th St: Sold $450,000 · 3 bd · 1 ba · 1,233 sqft · Aug 2026 · 0.3 mi
Prime Realty & Investments | DRE #01310329
Buyer's agent: Barbara Shu, Tuscany Real Estate Services, Inc. | DRE #01391312
2006 14Th Ave: Sold $510,000 · 3 bd · 2 ba · 1,000 sqft · Jun 2026 · 0.3 mi
eXp Realty of California | DRE #02134214
Buyer's agent: Yifan Rao, Yifan Rao | DRE #01188109